Systems and methods for consolidating accounts

Abstract

Disclosed embodiments may include a system for consolidating accounts. The system may receive data corresponding to a user. The system may determine, via a first MLM and based on the data, a first account of a plurality of accounts to use as a primary account. The system may cause a user device to display, via a GUI, a first notification indicating the first account as the primary account. The system may normalize, via a second MLM, respective feature(s) of second account(s) of the plurality of accounts in comparison to the respective feature(s) of the first account. The system may cause the user device to display, via the GUI, a second notification indicating a consolidation of the second account(s) into the first account based on the normalized respective feature(s). The system may consolidate the second account(s) into the first account based on the second recommendation.

What is claimed is: 
     
         1 . A system comprising:
 one or more processors; and   a memory in communication with the one or more processors and storing instructions that, when executed by the one or more processors, are configured to cause the system to:
 receive data corresponding to a user, the data comprising a plurality of accounts; 
 retrieve travel information based on the data; 
 generate, via a first machine learning model (MLM) and based on the data and the travel information, a first recommendation for a first account of the plurality of accounts to use as a primary account; 
 cause a user device to display, via a graphical user interface (GUI), a first notification including the first recommendation, the user device associated with the user; 
 receive, from the user via the user device, a first response to the first notification; 
 responsive to receiving the first response, normalize, via a second MLM, one or more respective features of one or more second accounts of the plurality of accounts in comparison to the one or more respective features of the first account; 
 cause the user device to display, via the GUI, a second notification including a second recommendation for consolidating the one or more second accounts into the first account based on the normalized one or more respective features; 
 receive, from the user via the user device, a second response to the second notification; and 
 responsive to receiving the second response, consolidate the one or more second accounts into the first account based on the second recommendation. 
   
     
     
         2 . The system of  claim 1 , wherein the data comprises one or more of financial information, transaction information, credit information, a travel destination, a date, a time, or combinations thereof. 
     
     
         3 . The system of  claim 1 , wherein the travel information comprises one or more of travel advisories, foreign transaction fees, or both. 
     
     
         4 . The system of  claim 1 , wherein the second MLM comprises a neural network. 
     
     
         5 . The system of  claim 1 , wherein the one or more respective features comprise one or more of interest rate, credit line, fees, rewards, points, cashback percentage, benefits, or combinations thereof. 
     
     
         6 . The system of  claim 1 , wherein the instructions are further configured to cause the system to:
 receive a request to complete a transaction using the first account;   responsive to consolidating the one or more second accounts into the first account, determine whether the transaction exceeds a predetermined threshold;   responsive to determining the transaction does not exceed the predetermined threshold, authorize the transaction based on the one or more respective features of the first account; and   responsive to determining the transaction exceeds the predetermined threshold, authorize the transaction based on the one or more respective features of the one or more second accounts.   
     
     
         7 . The system of  claim 6 , wherein the predetermined threshold comprises a transaction amount, a credit limit, or both. 
     
     
         8 . The system of  claim 1 , wherein the instructions are further configured to cause the system to:
 receive a request to complete a transaction using the first account; and   responsive to consolidating the one or more second accounts into the first account, authorize the transaction based on the one or more respective features of the first account.   
     
     
         9 . A system comprising:
 one or more processors; and   a memory in communication with the one or more processors and storing instructions that, when executed by the one or more processors, are configured to cause the system to:
 receive data corresponding to a user, the data comprising a plurality of accounts; 
 determine, via a first machine learning model (MLM) and based on the data, a first account of the plurality of accounts to use as a primary account; 
 cause a user device to display, via a graphical user interface (GUI), a first notification indicating the first account as the primary account, the user device associated with the user; 
 normalize, via a second MLM, one or more respective features of one or more second accounts of the plurality of accounts in comparison to the one or more respective features of the first account; 
 cause the user device to display, via the GUI, a second notification indicating a consolidation of the one or more second accounts into the first account based on the normalized one or more respective features; and 
 consolidate the one or more second accounts into the first account. 
   
     
     
         10 . The system of  claim 9 , wherein the data comprises one or more of financial information, transaction information, credit information, travel information, a date, a time, or combinations thereof. 
     
     
         11 . The system of  claim 9 , wherein the second MLM comprises a neural network. 
     
     
         12 . The system of  claim 9 , wherein the one or more respective features comprise one or more of interest rate, credit line, fees, rewards, points, cashback percentage, benefits, or combinations thereof. 
     
     
         13 . The system of  claim 9 , wherein the instructions are further configured to cause the system to:
 receive a request to complete a transaction using the first account;   responsive to consolidating the one or more second accounts into the first account, determine whether the transaction exceeds a predetermined threshold;   responsive to determining the transaction does not exceed the predetermined threshold, authorize the transaction based on the one or more respective features of the first account; and   responsive to determining the transaction exceeds the predetermined threshold, authorize the transaction based on the one or more respective features of the one or more second accounts.   
     
     
         14 . The system of  claim 13 , wherein the predetermined threshold comprises a transaction amount, a credit limit, or both. 
     
     
         15 . The system of  claim 9 , wherein the instructions are further configured to cause the system to:
 receive a request to complete a transaction using the first account; and   responsive to consolidating the one or more second accounts into the first account, authorize the transaction based on the one or more respective features of the first account.   
     
     
         16 . A system comprising:
 one or more processors; and   a memory in communication with the one or more processors and storing instructions that, when executed by the one or more processors, are configured to cause the system to:
 receive data corresponding to a user, the data comprising a plurality of accounts; 
 cause a user device to display, via a graphical user interface (GUI), a listing of the plurality of accounts and one or more selectable user input objects proximate each of the plurality of accounts, wherein the user device is associated with the user; 
 receive, from the user via the user device, a first selection of the one or more selectable user input objects, the first selection indicating a first preference to assign a first account of the plurality of accounts as a primary account of the user; 
 responsive to receiving the first selection:
 modify the GUI to generate a first modified GUI including an indication of the first account as the primary account; and 
 cause the user device to display the first modified GUI; 
 
 receive, from the user via the user device, a second selection of the one or more selectable user input objects, the second selection indicating a second preference to consolidate a second account of the plurality of accounts with the first account; 
 responsive to receiving the second selection:
 consolidate the second account into the first account; and 
 retrieve one or more respective features of the first and second accounts; 
 
   receive a request to complete a transaction using the first account;
 determine whether the transaction exceeds a predetermined threshold; 
 responsive to determining the transaction does not exceed the predetermined 
 threshold, authorize the transaction based on the one or more respective features of the first account; and 
 responsive to determining the transaction exceeds the predetermined threshold, authorize the transaction based on the one or more respective features of the second account. 
   
     
     
         17 . The system of  claim 16 , wherein the data comprises one or more of financial information, transaction information, credit information, travel information, a date, a time, or combinations thereof. 
     
     
         18 . The system of  claim 16 , wherein the one or more selectable user input objects comprise one or more of a toggle, a drop-down menu, a text box, a radio button, a slider button, or combinations thereof. 
     
     
         19 . The system of  claim 16 , wherein the one or more respective features comprise one or more of interest rate, credit line, fees, rewards, points, cashback percentage, benefits, or combinations thereof. 
     
     
         20 . The system of  claim 16 , wherein the predetermined threshold comprises a transaction amount, a credit limit, or both.